" Next 3 months is very crucial, if sp is not headed north, then there is some definite problem with NKP."
The thing people are waiting for is xstrata to agree to a JV as per the option. I dont know if 3 months is long enough, ie if Xstrata will announce its intentions before new year. I would give it a bit longer my self, assuming insiders are going to flock in because they anticipate the deal is on may not work. It might be the market not NKP.
Just my opinion. I would quite like to buy but dont have any available funds, waiting for developments in other stocks. The company has a good asset wait long enough and the value will be recognised.
NKP Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Not Held
